If you’re ready to make the switch to solar, thereās never been a better time especially with Canada’s Greener Homes Loan offering up to $40,000 interest-free.
But here’s the catch: while the loan sounds great on paper, the payment structure can cause delays or cash flow headaches. Thatās where bridge financing comes in to make the entire process smooth, fast, and stress-free.
Letās break down how combining these options is the most powerful, affordable way to go solar in Alberta right now.
š Greener Homes Loan: Incredible, but Not Instant
The Canada Greener Homes Loan offers homeowners:
- Up to $40,000 in 0% interest financing
- A repayment period of up to 10 years
- Approval tied to upgrades identified in an official energy audit
Sounds amazing, right? It isābut hereās the challenge most people donāt see coming:
You only get 15% of the loan up front, and the remaining 85% is paid out after the system is installed and fully paid for.
That means you’re still on the hook to cover the full install cost out of pocket, upfrontāeven though youāve been approved for the loan.
š§© Bridge Financing Solves That Problem
At Solar Dev, we offer bridge financing specifically designed to pair with the Greener Homes Loan. Our home solar bridge program offers:
- Up to $30,000
- 0% interest over 5 years
- Simple approval process
- Tailored to your solar install timeline
This allows you to:
- Move forward immediately without waiting months
- Cover the full cost of the system
- Repay the bridge when your Greener Homes funds come in
- Stay cash-flow positive
No stress. No delays. No out-of-pocket squeeze.
š¦ What About RBC PayPlan?
For smaller systems or partial financing needs, RBC PayPlan can help too.
What it offers:
- Up to $10,000
- 0% interest over 12 months
- Quick approval and funding
Itās a great toolābut for larger solar systems (especially in the $25,000ā$40,000 range), RBC can only cover a portion of the cost, not the full solution.
We often recommend using RBC PayPlan in combination with our bridge financing to cover larger installs affordably.
š TL;DR
The Greener Homes Loan is greatābut only pays 15% up front, 85% after install.
Solar Dev’s bridge financing gives you up to $30K at 0% over 5 yearsāperfect for covering that gap.
RBC PayPlan offers 0% over 12 months, up to $10Kāideal for smaller projects or add-ons.
Combining these tools makes solar more accessible, affordable, and stress-free.
š Ready to Design the Right Financing Plan?
We help homeowners across Alberta go solar fasterāwith zero-interest financing and smart funding options that make sense.
š© Email us at [email protected] to start the process. We’ll help you get approved, funded, and installedāwithout the wait.